DSM and Agennix sign new contract for commercial manufacture of Talactoferrin
Parsipanny, U.S.A, 13 March 2012 06:55 CET
DSM Pharmaceutical Products, the custom manufacturing business of Royal DSM N.V. (NYSE, Euronext: DSM KON) and Agennix AG (Frankfurt Stock Exchange: AGX) have signed a new contract under which DSM will continue to manufacture talactoferrin for Agennix at commercial levels.
DSM is currently manufacturing talactoferrin for use in ongoing clinical trials, including the FORTIS-M trial in non-small cell lung cancer (NSCLC), and will continue to supply clinical trials as well as a potential commercial launch. Rajesh Malik, M.D., Chief Medical Officer and Management Board member of Agennix, said, “We are pleased to continue our productive relationship with DSM. Their long-term experience with talactoferrin will be invaluable as we work with them in preparation for a potential product approval and subsequent commercialization of talactoferrin. It is important for Agennix to put in place now the key elements of the talactoferrin supply chain, and expanding our contract with DSM is an important part of this process." Agennix is a biopharmaceutical company focused on developing novel therapies that have the potential to substantially improve the length and quality of life of critically ill patients in areas of major unmet medical need.
Villaume Kal, Vice President of DSM BioSolutions, a business unit of DSM Pharmaceutical Products serving the biopharmaceutical market, stated, "This agreement recognizes intensive collaboration between DSM and Agennix. DSM's process design for application in large scale manufacturing largely contributed to this success and we are delighted to continue our support of Agennix." Under the contract, DSM will manufacture the oral Dendritic Cell Mediated Immunotherapy (DCMI) talactoferrin for Agennix at commercial levels in anticipation of positive Phase III clinical data and product approval. The contract includes the opportunity to significantly expand production capacity as needed.
No financial terms were disclosed.
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